Market Overview

Stork Awarded Integrated Operations and Maintenance Contract Renewal by Ecopetrol

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Fluor
Corporation
(NYSE:FLR) announced today that Stork,
part of Fluor's Diversified Services segment, was awarded a five-year
contract renewal by Ecopetrol S.A. to operate and maintain its surface
facilities on the Cusiana and Cupiagua gas fields in Colombia. These
facilities process 30 percent of the Colombian industrial and domestic
gas consumption. Fluor booked the undisclosed contract value in the
second quarter of 2018.

This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20180726005203/en/

Stork awarded integrated operations and maintenance contract renewal by Ecopetrol (Photo: Business W ...

Stork awarded integrated operations and maintenance contract renewal by Ecopetrol (Photo: Business Wire)

Stork will provide integrated operations and maintenance services to the
gas compression facilities and the power generation systems until 2023.
In addition, Stork will plan and execute the overhauls of the Ecopetrol
turbomachinery and related equipment during this timeframe.

"We are pleased that Ecopetrol has extended Stork's contract to continue
work in Cusiana and Cupiagua. We have been supporting these gas fields
since 2013, and this contract renewal demonstrates the valuable
partnership we have established with Ecopetrol," said Taco
de Haan
, Stork's president. "Under this contract, Stork will
continue to drive field efficiency improvements and will use new
techniques to further assist Ecopetrol to improve the overall equipment
effectiveness."

About Fluor Corporation

Founded in 1912, Fluor
Corporation
(NYSE:FLR) is a global engineering, procurement,
fabrication, construction and maintenance company that transforms the
world by building prosperity and empowering progress. Fluor serves its
clients by designing, building and maintaining safe, well executed,
capital-efficient projects around the world. With headquarters in
Irving, Texas, Fluor ranks 153 on the Fortune 500 list with
revenue of $19.5 billion in 2017 and has more than 56,000 employees
worldwide. For more information, please visit www.fluor.com
or follow Fluor on Facebook,
Twitter,
LinkedIn
and YouTube.

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